DWP confirms 80,000 have not accepted new SMI terms Figures issued by the DWP on the continued take up of Support for Mortgage Interest Benefit (SMI) following the payments being changed from a free…
The Chancellor’s 2018 Spring Statement As The Chancellor has stated that from now on The Autumn Statement will include the main annual budget announcements, it is unlikely The Spring Statement will…
Market Movements – A Weak Equity Market and the Effect on Mortgage Rates Sharp movements in the markets tend to unnerve consumers, which begs the question of what the likely impact will be on…
Why has Santander launched a new reversion rate? Santander has announced that it is cutting its revert to rate by 0.99% for all new mortgages from 23 January 2018, a decision that is said to have…
Outlook 2018: Predictions for the UK Housing Market and Interest Rates Despite a partial recovery from the 859,000 housing transactions recorded in 2009, current transaction levels remain a long way…
Final Rules from the PRA on BTL Mortgages Following its consultation exercise the PRA has today announced its final rules for BTL mortgages, with few changes from the draft proposals announced 6…
Brexit: 3 months on from the vote In the post Brexit world (or at least post the decision to Brexit, as the actual deed is still well over 2 years away) little has changed in the housing market 3…
EU Referendum: the day after the vote Whatever the result of the referendum it will have huge political implications for the rest of the European Union as well as the United Kingdom. Clearly these…
How Will The 3% Stamp Duty Surcharge Affect Let to Buy? The following question received from a reader raises an interesting question which will be relevant to many others and so I thought publishing…
Can Adult Children Living at Home Prevent Parents from Getting a Mortgage? I was recently approached by a journalist and asked whether I had heard of parents struggling to get a mortgage if their…
